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BBC: Russia's debt deadline approaches threathening default.

by The Kyiv Independent news desk June 26, 2022 4:18 AM 1 min read
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Russia is on the verge of debt default - the first one since 1998 - if the country fails a June 26 deadline to make its $100 million interest payment. Although BBC reports that Russia has the funds and is willing to pay, it cannot transfer the money to international creditors due to sanctions.

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